Resource America's Commercial Finance Subsidiary Receives $125 Million of New Capital

PHILADELPHIA, PA--(Marketwire - Nov 21, 2011) - Resource America, Inc. (NASDAQ: REXI) announced today that its commercial finance subsidiary, LEAF Commercial Capital, Inc. ("LEAF"), has received a $50 million growth equity investment from Eos Partners, L.P. and its affiliates ("EOS"), a New York based private equity firm. LEAF also closed on $75 million of debt capital through the addition of Versailles Assets LLC, an asset-backed commercial paper conduit administered by Natixis, to LEAF's warehouse credit facility with a commitment in that amount.

Headquartered in Philadelphia, PA, LEAF works closely with leading commercial equipment vendors and manufacturers to help them maximize revenues by offering competitive small and mid ticket financing solutions to their customers. LEAF has total assets in excess of $275 million and assets under management of approximately $640 million. It recently closed a $105 million securitization, which was underwritten by Guggenheim and rated by Moody's and DBRS. With the $75 million added to its warehouse line, LEAF has $185 million of total warehouse capacity.

Jonathan Z. Cohen, President and CEO of Resource America, stated, "LEAF has accomplished a great deal in a short period of time, and these transactions will enable it to accelerate its growth and execute its business plan. We are pleased to have such a valuable partner in Eos, which provides capital and support for LEAF. The confidence that Eos and Natixis showed through their investments helps validate our confidence in LEAF and its management team. The combined strengths of LEAF's management, Eos and, of course, Resource America and Resource Capital, establish a strong and forward thinking company that is a valuable partner for equipment vendors and is able to provide vital financing to small businesses. As LEAF grows, Resource America stands to realize substantial upside through its continued investment in LEAF. These transactions also benefit the legacy leasing partnerships that we manage by strengthening its servicer and we remain committed to achieving the best results possible for those partnerships."

About Resource America, Inc.

Resource America, Inc. is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the real estate, commercial finance, and financial fund management sectors. For more information please visit our website at www.resourceamerica.com or contact Marketing and Investor Relations at pkamdar@resourceamerica.com.

About LEAF Commercial Capital, Inc.

LEAF Commercial Capital, Inc. ("LEAF") is a national equipment leasing and finance company headquartered in Philadelphia, PA, with a processing center in Moberly, MO. and a call center in Orange County, CA. LEAF's core competency is the ability to assist vendors and manufacturers in maximizing financing as a revenue generating strategy.

About Eos

Formed in 1994, Eos is a private investment partnership with approximately $2 billion of capital under management. In its private equity activities, Eos' goal is to partner with superior management teams and commit its professionals' collective business experience, network of relationships, strategic judgment, and financial markets expertise in order to elevate these businesses to the next level. For more information, please visit www.eospartners.com.

About Resource Capital Corp.

Resource Capital Corp. is a commercial real estate specialty finance company that qualifies as a real estate investment trust, or REIT, for federal income tax purposes. RSO's investment strategy focuses on commercial real estate-related assets and, to a lesser extent, higher-yielding commercial finance assets. RSO invests in the following asset classes: commercial real estate-related assets such as whole loans, A-notes, B-notes, mezzanine loans, mortgage-related securities and real estate joint ventures, and commercial finance assets such as other asset-backed securities, senior secured corporate loans, lease receivables, trust preferred securities, structured notes and debt tranches of collateralized debt obligations.

About Natixis and Versailles Assets LLC

Versailles Assets LLC is an asset-backed commercial paper conduit administered by Natixis. It is rated A-1/P-1 and provides securitized funding to a wide variety of US clients. Natixis is the corporate, investment and financial services arm of Groupe BPCE, the second-largest banking group in France. With around 22,000 employees, Natixis specializes in three main business lines: Corporate and Investment Banking, Investment Solutions (asset management, insurance, private banking, private equity), and Specialized Financial Services.

Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Resource America, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Resource America, Inc.'s reports filed with the SEC, including quarterly reports on Form 10Q, reports on Form 8-K and annual reports on Form 10-K. Resource America, Inc. undertakes no obligation to update or revise any forward-looking statement to reflect new or changing information or events.